LUNA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LUNA
Largest movements
- Receivables within one year +€39,548
up €39,548 (+305.7%), from €12,939 to €52,487
of which Other amounts receivable: +€37,797
- Cash -€6,869
down €6,869 (-6.7%), from €102,718 to €95,850
mainly Contributions, distributions and other (-€120,497) and Receivables within one year (-€39,548)
- Other debts +€120,497
new in 2025: €120,497
- Reserves -€94,792
down €94,792 (-100.0%), from €94,792 to €0
- Tax, wage and social debts +€5,495
up €5,495 (+31.0%), from €17,713 to €23,209
- Gross operating margin -€14,180
down €14,180 (-27.5%), from €51,474 to €37,294
- Taxes -€1,384
down €1,384 (-12.3%), from €11,272 to €9,888
- Financial income +€578
up €578, from €0 to €578
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,449 | €150,502 | +€32,053 | +27.1% |
| Fixed assets | 21/28 | €2,792 | €1,588 | -€1,203 | -43.1% |
| Tangible fixed assets | 22/27 | €2,792 | €1,588 | -€1,203 | -43.1% |
| Furniture and vehicles | 24 | €2,792 | €1,588 | -€1,203 | -43.1% |
| Current assets | 29/58 | €115,657 | €148,914 | +€33,256 | +28.8% |
| Amounts receivable within one year | 40/41 | €12,939 | €52,487 | +€39,548 | +305.7% |
| Trade receivables | 40 | €10,875 | €12,626 | +€1,751 | +16.1% |
| Other amounts receivable | 41 | €2,064 | €39,861 | +€37,797 | +1831.3% |
| Cash at bank and in hand | 54/58 | €102,718 | €95,850 | -€6,869 | -6.7% |
| Deferred charges and accrued income | 490/1 | €0 | €577 | +€577 | |
| Total equity and liabilities | 10/49 | €118,449 | €150,502 | +€32,053 | +27.1% |
| Equity | 10/15 | €97,792 | €3,000 | -€94,792 | -96.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €94,792 | €0 | -€94,792 | -100.0% |
| Distributable reserves | 133 | €94,792 | €0 | -€94,792 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,657 | €147,502 | +€126,845 | +614.0% |
| Amounts payable within one year | 42/48 | €20,657 | €147,502 | +€126,845 | +614.0% |
| Trade debts | 44 | €2,944 | €3,796 | +€852 | +28.9% |
| Suppliers | 440/4 | €2,944 | €3,796 | +€852 | +28.9% |
| Taxes, remuneration and social security | 45 | €17,713 | €23,209 | +€5,495 | +31.0% |
| Taxes | 450/3 | €17,713 | €23,209 | +€5,495 | +31.0% |
| Other amounts payable | 47/48 | - | €120,497 | +€120,497 | |
| Remuneration, social security and pensions | 62 | - | €303 | +€303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €819 | €1,203 | +€385 | +47.0% |
| Other operating charges | 640/8 | €998 | €620 | -€378 | -37.9% |
| Gross operating margin | 9900 | €51,474 | €37,294 | -€14,180 | -27.5% |
| Operating profit (loss) | 9901 | €49,657 | €35,168 | -€14,489 | -29.2% |
| Financial income | 75/76B | €0 | €578 | +€578 | |
| Recurring financial income | 75 | €0 | €578 | +€578 | |
| Financial charges | 65/66B | €252 | €152 | -€99 | -39.5% |
| Recurring financial charges | 65 | €252 | €152 | -€99 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €49,405 | €35,593 | -€13,812 | -28.0% |
| Income taxes | 67/77 | €11,272 | €9,888 | -€1,384 | -12.3% |
| Profit (loss) for the period | 9904 | €38,133 | €25,706 | -€12,428 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,133 | €25,706 | -€12,428 | -32.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.